APPRECIATE IT NOW.
DAVID: 2020 HOPEFUL LIZ WARREN
SOUNDING THE ALARM ACCUSING
FACEBOOK CEO MARK ZUCKERBERG OF
COZYING UP TO THE PRESIDENT AT A
NEWLY-REVEALED PRIVATE MEETING,
WHY SHE SAYS WHAT HE DID AT THE
WHITE HOUSE ADDS UP TO CORRUPT,
IMAGINE THAT.
THIS IS BULLS & BEARS THANKS FOR
JOINING US EVERYBODY I'M DAVID
ASMAN JOINING ME ON THE PANEL WE
HAVE JONATHAN HOENIG, CHRISTINA
PARTSINEVELOS, AND LIZ PEEK AND
GARY B. SMITH FROM FLORIDA.
SO THE PREVIOUSLY UNDISCLOSED
MEETING BETWEEN THE PRESIDENT,
ZUCKERBERG AND FACEBOOK BOARD
MEMBER NAMED PETER TIEL
REPORTEDLY TAKING PLACE
LAST MONTH WHEN ZUCKERBERG WAS
IN WASHINGTON TESTIFYING BEFORE
CONGRESS ABOUT-FACE ABOUT
FACEBOOK, AMID ANTI-TRUST
SCRUTINY FACEBOOK IS GOING ON A
CHARM OFFENSE WITH REPUBLICAN
LAWMAKERS AND NOW, MARK
ZUCKERBERG AND ONE OF FACEBOOK'S
BOARD MEMBERS, A MAJOR TRUMP
DONOR HAD A SECRET DINNER WITH
TRUMP.
THIS IS CORRUPTION, PLAIN AND
SIMPLE.
THIS IS HOW THE GOVERNMENT KEEPS
WORKING FOR CORPORATIONS AND THE
WEALTHY AND THE WELL-CONNECTED
IT'S NO WONDER THE COMPANIES
LIKE FACEBOOK HAVE BEEN ALLOWED
TO CONSOLIDATE ECONOMIC AND
POLITICAL POWER WITHOUT ANY REAL
ACCOUNTABILITY.
JONATHAN DOES SHE HAVE A POINT?
>> DAVID FOR ELIZABETH WARREN,
BILLIONAIRES ARE CORRUPT,
EVERYTHING ABOUT THEM IS CORRUPT
THEY STEAL, THEY CHEAT, THEY
EXPLOIT AND DESPITE THE FACT
THESE TWO MEN ARE TREMENDOUS
BUSINESSMEN, YOU'D THINK IT'S IN
THE PRESIDENTS INTEREST TO MEET
WITH POTENTIAL BUSINESSMEN.
ELIZABETH WARREN WOULDN'T STOOP
TO HAVING DINNER WITH THEM IT'S
SUCH HIPOCRACY DAVID.
PRESIDENT OBAMA MET WITH TECH
EXECUTIVES IN SECRET IN 2014 AND
ELIZABETH WARREN HERSELF MET
WITH JAMIE DIMON.
HE'S A BILLIONAIRE TOO BACK IN
2017 BUT JUST THE ANIMOSITY AND
THE ANGER SHE BRINGS TOWARDS MEN
LIKE THESE, THESE SUCCESSFUL
ENTREPRENEURS, IT JUST IS TO
WHAT REAL AMERICAN VALUES ARE
ALL ABOUT.
>> I DON'T THINK YOU ANSWERED
THE QUESTION AND THAT WAS
WHETHER IT WAS CORRUPTION AND WE
CAN'T WEIGH IN BECAUSE WE'RE NOT
LEGAL COUNSEL, BUT LET ME FINISH
YOU'RE GOING TO USE PRESIDENT
OBAMA AS A PRECEDENT AND THEN
YOU'RE SAYING WARREN MET WITH
JAMIE DIMON.
IS SHE PRESIDENT?
NO.
WE DON'T KNOW WHAT HAPPENED
DURING THOSE MEETINGS.
WHAT ABOUT TIM APPLE?
I MEAN, TIM COOK THE FACT HE
ASKED FOR 15 EXEMPTIONS WHEN IT
COMES TO THE TARIFFS HE GOT 10
OF THEM AFTER MEETING WITH
PRESIDENT TRUMP OF COURSE WE ARE
NOT DISCOUNTING THE STRENGTH OF
WHAT THESE MEN AND WOMEN HAVE
ACCOMPLISHED IN THEIR CAREERS
AND THEIR COMPANIES BUT AT THE
SAME TIME, THEY'RE LOBBYING FOR
THE BENEFIT OF THEIR COMPANIES,
THERE'S NO DOUBT ABOUT THAT AND
I THINK THAT YOU'RE JUST
GLEANING RIGHT OVER THAT.
>> WAIT A MINUTE ARE THEY
LOBBYING OR ARE THEY INFORMING?
ISN'T IT IMPORTANT?
>> INFORMING.
>> INFORMING THE PRESIDENT,
TALKING ABOUT BUSINESS ISSUES,
TRADE ISSUES, THINGS THAT HE
NEEDS TO KNOW ABOUT.
I THINK THIS IS PRE POST USUALLY
STUPID.
WE'RE NOT SUPPOSED TO HAVE
MEETINGS BETWEEN BUSINESS LEADER
S AND THE GOVERNMENT
LEADERS THAT GOES ON ALL THE
TIME.
THE FACT THAT IT WASN'T MADE
PUBLIC, MY GUESS IS MARK
ZUCKERBERG WOULD FACE CRITICISM
WITHIN HIS OWN ORGANIZATION IF
IN FACT THIS HAD BEEN REVEALED
AS IT'S DESCRIBED BUT WE TALKED
YESTERDAY WITH TIM COOK MEETING
WITH PRESIDENT TRUMP HOW
BENEFICIAL IS THAT FOR
SHAREHOLDERS OF APPLE, EMPLOYEES
ET CETERA.
THIS IS I THINK JUST A
COMPLETELY IDIOTIC ARGUMENT.
>> WELL YOU KNOW, I GUESS THE
OPPOSITE OF CHRISTINA'S POINT, I
THINK IT WOULD BE NEGLECT OF
DUTIES.
LET'S THINK OF A BILLIONAIRE,
HOLD ON, WHO HAS BILLIONS OF
FOLLOWERS.
HE WOULD WANT TO MEET WITH THEM.
THAT'S THE PRESIDENT OF CHINA.
DAVID: CHRISTINA?
>> PRESIDENT X IS A BILLIONAIRE
WITH BILLIONS OF FOLLOWERS,
ZUCKERBERG HAS ACTUALLY MORE
FOLLOWERS THAN THERE WERE
CHINESE.
YOU WOULD WANT THE PRESIDENT TO
MEET WITH THAT PERSON TO BE, I
DON'T UNDERSTAND, IN ANY WAY,
SHAPE, OR FORM HOW IT'S
CORRUPTION.
>> I NEVER SAID THAT IT'S
CORRUPT AND I'M NOT QUESTIONING
THE MEETING.
WELL I'M QUESTIONING THE CONTENT
OF THE MEETING.
THAT'S THE ARGUMENT.
>> HOW COULD WE EVEN QUESTION
THE CONTENT OF THE MEETING, LOOK
I'M SURE, LET'S A SCRIBE
ZUCKERBERG WITH EVIL MOTIVES.
I'M SURE HE'S LOG LOBBYING.
THAT'S WHAT ANY GOVERNOR WOULD
DO, LEADER OF A FOREIGN COUNTRY
THAT'S WHEN YOU'RE MEETING WITH
THE PRESIDENT.
DAVID: JONAS?
>> AND ZUCKERBERG ISN'T CORRUPT
BECAUSE HE'S A BILLIONAIRE, IT'S
BECAUSE OF CORRUPTION, HE'S
IMMORAL BECAUSE HE IS A
BILLIONAIRE.
THAT'S ELIZABETH WARREN'S WHOLE
BEEF AND BILLIONAIRES ARE BY
DEFINITION CORRUPT AND CHRISTINA
I THINK YOUR POINT IS WELL ON.
THE REAL CORRUPTION COMES WHEN
GOVERNMENT GETS IN BED WITH
BUSINESS WHEN THEY PICK WINNERS
AND LOSERS AND THAT WE'VE SEEN
TIME AND TIME UNDER BOTH
PRESIDENTS BUT THE FACT THE
PRESIDENT WANTS TO HAVE DINNER
WITH A SUCCESSFUL BUSINESS
PERSON AND YOU CALL THAT CORRUPT
>> BY THE WAY HE HASN'T DONE
ANYTHING PARTICULARLY BENEFICIAL
FOR FACEBOOK, THAT'S JUST
RIDICULOUS.
BY THE WAY WHEN PRESIDENT TRUMP
MET WITH THE HEAD OF VARIOUS
UNIONS INCLUDING THE UAW, WAS
THAT CORRUPTION, BECAUSE MY
GUESS IS THEY WERE PURSUING
THEIR OWN INTEREST TOO.
THIS IS JUST AS I SAY, THIS IS
PART OF DOING BUSINESS AND BEING
AN INFORMED HEAD OF STATE.
I MEAN, I REALLY DON'T
UNDERSTAND HOW YOU CAN, BY THE
WAY, OBAMA DID TRY TO RUN THE
UNITED STATES WITHOUT EVER
REALLY SPENDING MUCH TIME WITH
BUSINESS LEADERS AND IT DIDN'T
REALLY SERVE THE COUNTRY VERY
WELL.
>> JONATHAN YOU SAID IT
PERFECTLY AT THE END BUT WE'LL
MOVE ON WITH A STATEMENT FROM
FACEBOOK RESPONDING TO THIS
ENTIRE THING.
THE STATEMENT IS AND I QUOTE, AS
IS NORMAL FOR A CEO OF A MAJOR
U.S. COMPANY, MARK ACCEPTED AN
INVITATION TO HAVE DINNER WITH
THE PRESIDENT AND THE FIRST LADY
AT THE WHITE HOUSE.
SO DO WE THINK THAT THEY ARE
PRETTY MUCH SAYING NOTHING WHICH
YOU ARE ALL ALLUDING TO THAT
THEY JUST MET?
>> WELL LOOK, OF COURSE THEY
DIDN'T MEET, ZUCKERBERG IS THERE
FOR A REASON, JUST LIKE
TIM COOK IS THERE FOR A REASON.
>> SO WE'RE ALL ON THE SAME
PAGE.
>> BUT THE FACT IS SLIGHTLY
AGAINST JONATHAN'S POINT IS IT
CORRUPT WHEN PRESIDENTS GET
INVOLVED WITH SPECIFIC COMPANIES
OR BUSINESSES?
NO, BECAUSE THAT'S WHAT
PRESIDENTS DO.
THEY HAVE TO.
LOOK WE'RE GOING TO TALK ABOUT
THE U.S. MCA TRADE AGREEMENT.
YOU COULD MAKE THE ARGUMENT THAT
THAT'S CORRUPT BECAUSE IT FAVORS
SOME BUSINESSES OVER OTHER
BUSINESSES.
THAT'S WHAT THE PRESIDENT HAS TO
DO.
>> GARY WE'LL GO BACK AND ROLL
THE TAPE OF YOU GOING ON AND ON
AND HOW TERRIBLE IT WAS UNDER
PRESIDENT OBAMA.
WE CAN ROLL THAT TAPE IF YOU
WANT.
>> BUT WAIT A SECOND YES, I
AGREE.
BUT WAIT A SECOND THAT WAS A
GOVERNMENT-RUN THING.
THIS IS THE GOVERNMENT BEING
INVOLVED WITH PRIVATE INDUSTRIES
I'M NOT SAYING THAT IT'S JUST
THE FACT OF THE MATTER.
DAVID: LET ME JUST CHIME IN.
I'VE GOT TO CHIME IN IN FAVOR OF
THE EMPLOYEES OF THESE COMPANIES
IT IS THE RESPONSIBILITY OF THE
PRESIDENT OF THE UNITED STATES
TO TAKE ISSUE, WITH ANYTHING
THAT COULD EFFECT THE EMPLOYEES
WHEN THERE ARE THOUSANDS IF NOT
MILLIONS.
I MEAN, THINK OF ALL OF THE
RESIDUAL EMPLOYEES IN APPLE FOR
EXAMPLE.
NOW IS ELIZABETH WARREN GOING TO
SCREAM THAT HE'S DOING SOMETHING
CORRUPT BY MEETING WITH TIM COOK
AND TALKING TO TIM KUKIN PRIVATE
WHEN IT MIGHT EFFECT THE JOBS OF
MILLIONS OF AMERICANS?
I MEAN, THIS WHOLE IDEA THAT HER
IDEA, I BELIEVE, THAT ANYTHING
THAT THE PRESIDENT DOES WITH THE
BUSINESS COMMUNITY IS CORRUPT.
I DON'T THINK IT WOULD MATTER
WHO IT WAS WITH, RIGHT?
>> ACTUALLY, YEAH, YOU'RE SPOT
ON WITH THAT.
THEY'RE USING ANY OPPORTUNITY
THE PRESIDENT MEETING WITH
SOMEBODY BEHIND CLOSED DOORS AND
NOT REVEALING IT TO ATTACK, YES,
SO TO YOUR POINT, YES.
>> BILLIONAIRES ARE THE WORST
OF THE WORST.
>> REGARDLESS, BUT JONATHAN THE
POINT YOU MADE BEFORE I REALLY
AGREE WITH THE FACT THAT IF THEY
START TO ACTUALLY CHANGE THEIR
POLICIES TO APPEASE JUST A FEW
BILLIONAIRES BECAUSE THERE'S
MONEY COMING IN, AND CHANGING IT
, THEN YES.
>> THIS IS BIG TECH AND WHAT WE
KNOW FROM ALL OF THE
CONGRESSIONAL HEARINGS ABOUT
FACEBOOK AND GOOGLE MOST PUBLIC
OFFICIALS DON'T KNOW ANYTHING
ABOUT BIG TECH.
THEY DON'T KNOW HOW IT WORKS OR
WHAT THE PARTICIPANTS LOOK LIKE
AND WE'RE ON THE CUSP OF THIS
BIG ROLLOUT OF 5G AROUND THE
WORLD.
THE PRESIDENT HAS REALLY MADE A
STRONG CASE THAT THE UNITED
STATES SHOULD BE A LEADER IN
THAT.
WHAT IS A BETTER IDEA THAN
SITTING DOWN WITH PEOPLE THAT
MIGHT KNOW SOMETHING ABOUT IT.
>> ONE THING THEY DO KNOW ABOUT
FACEBOOK IS IT SKEWS VERY FAR TO
THE LEFT.
WHENEVER THERE IS A CONSERVATIVE
WITHIN THE ORGANIZATION THEY
SCREAM ABOUT HOW THEY ARE
SURROUNDED BY LEFTISTS.
I THINK THAT IT'S A GOOD THING
THAT THE PRESIDENT IS TRYING TO
AIR OUT THE LEFTWARD TENDENCIES.
>> I HAVE TO MAKE ONE POINT.
I THINK WITH ALL DUE RESPECT,
CHRISTINA, I THINK THAT IT'S
ALMOST LAUGHABLE WHEN WE SAY
THAT IT'S CORRUPT WHEN A
PRESIDENT FAVORS --
>> I DIDN'T SAY IT'S CORRUPT.
>> YOU DID SAY THAT.
ROLL THE TAPE PLEASE.
>> I DIDN'T SAY THAT.
>> FROM NOW ON YOU WILL HAVE
SAID IT.
>> YOU'RE PUTTING WORDS IN MY
MOUTH.
>> NO I'M NOT.
YOU SAID IT WAS CORRUPT.
DAVID: ACCEPT WHAT EVERYBODY IS
SAYING RIGHT NOW.
>> HERE IS MY POINT.
WE DIDN'T CALL OBAMA CORRUPT
WHEN HE BAILED OUT AND PRESIDENT
BUSH WHEN HE BAILED OUT THE AUTO
INDUSTRY.